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Rachel Roy addresses rumors suggesting that she's the third party that almost ruined Beyonce Knowles' marriage to Jay-Z. The designer who used to be married to Jay's former partner Damon Dash found herself at the center of Jay's infidelity rumors after she seemingly mocked Beyonce on Instagram.

Queen Bey hinted in her song called "Sorry" that her husband cheated on her with a woman she called "Becky with the good hair." Rachel then wrote a cryptic note that seemed to refer to the lyrics, "Good hair don't care, but we will take good lighting, for selfies, or self truths, always. live in the light #nodramaqueens."

Now Rachel clears up the air, denying that she's Jay's mistress. She says, "I want to put the speculation and rumors to rest. My Instagram post was meant to be fun and lighthearted, it was misunderstood as something other than that. There is no validity to the idea that the song references me personally. There is no truth to the rumors."

"Consequently, online haters have targeted me and my daughters in a hurtful and scary manner, including physical threats. As a mother - and I know many mothers would agree - I feel that bullying in any form is harmful and unacceptable," she tells PEOPLE."I would hope that the media sees the real issue here - the issue of cyber bullying - and how it should not be tolerated by anyone."

Rachel Roy is not the only one rumored to have an affair with Jay-Z. The rapper's former protege Rita Ora also faced Beyhive's wrath after a picture of her wearing a "Lemonade" bikini and a "J" necklace surfaced on the web.